16 May 2018 For the first time in 60 years, Malaysia’s ruling coalition, Barisan Nasional (BN), lost power in a general election. Mahathir who institutionalized the BN and ruled the country under its banner for 22 years, dealt the death blow to BN. After the General Election 2018, Mahathir was sworn in as Prime Minister. Rift in the coalition Mahathir led coalition consisted of Democratic Action Party (DAP), People’s Justice Party(PKR), National Trust Party(AMANAH) and Malaysian United Indigenous Party(PPBM). On the first meeting of the alliance, rift surfaced over the posts in the new cabinet. Mahathir decided on the...Read More
10 May 2018 Vinay Bansal, son of Arvind Kejriwal’s deceased brother-in-law, was arrested by Anti-Corruption Bureau in connection with the PWD scam, a senior police official said. Vinay Bansal was a partner in his father’s company Renu Construction, which was awarded a tender for road and sewer construction projects at 46 per cent lower than the estimated cost of $7,350 (Rs 490,000). Rahul Sharma, the complainant and the founder of NGO Roads Anti-Corruption Organisation (RACO), alleged that the product quality was inferior. He alleged that Mr Kejriwal and PWD minister Satyender Jain misused their office for grant of contracts...Read More
8 May 2018 Sun Zhengcai was a rising star in the Chinese Communist Party and was considered a potential successor to President Xi Jinping. He was sentenced on Tuesday to life in prison for bribery. He is alleged to have taken more than US$26.7 million in bribes directly or through designated third parties, state-run news agency Xinhua reported. Chinese news outlet Caixin reported that Sun’s “designated parties” included two businesswomen. Sun, 54, pleaded guilty at his trial on April 12 and would not appeal against the sentence, state media reported. When former head of Chongqing, Bo Xilai was jailed...Read More
2 May 2018 Panasonic Avionics is a subsidiary of Japanese electronics giant Panasonic. US Department of Justice (DoJ) on Monday revealed that Panasonic Avionics will pay the fine of $137 to resolve charges levied under the Foreign Corrupt Practices Act (FCPA). Panasonic Avionics Corp. (PAC) used consultants to pay kick-backs to third-party sales agents. DoJ cited a case where a consultant was paid $875,000 by PAC over a six-year period as the company reaped over $92 million in profits “from portions of the contract over which the consultant had some involvement or influence” while being employed by a government-owned...Read More
2 May 2018. Anti-corruption campaigners scored a huge victory after the government gave in to pressure to end the secret hoarding of dirty money in UK tax havens. Although Prime Minister Theresa May was not in favour of the motion, the majority of the House felt that the overseas territories should have public registers ahead of it becoming the international standard, as set by the Financial Action Task Force. The bill was backed by both Labour and Tory MPs. The bill gives powers to freeze the assets of corruption suspects. It also tightens the rules on shady Scottish limited...Read More
- Malaysia: Election results is a lesson on corruption.
16 May 2018 For the first time in 60 years, Malaysia’s ruling coalition, Barisan Nasional (BN), lost power in a general election. Mahathir who institutionalized […]
- Global: Will blockchain technology help in combating corruption?
12 January 2018 A blockchain, is simply a collection of records, called blocks, like records in a database table, or entries in a ledger. A […]
- Saudi Arabia: Crackdown on corruption or consolidation of power?
Update 27 December 2017 The Saudi prosecutors have released 23 more people from detention in the Ritz-Carlton hotel. Okaz newspaper reported that they had reached […]
- Brazil: Ex-Presidents da Silva and Rousseff charged of corruption
7 September 2017 Brazil’s former president Luiz Inacio Lula da Silva has just completed his 25-city campaign trip through his party’s strongholds in the northeast. […]
- Is there corruption in pharmaceutical industry?
16 January 2017 The picture above shows Victoria Hale who founded the first nonprofit pharmaceutical company, The Institute for OneWorld Health, in San Francisco, California […]
- Singapore: Lee Kuan Yew’s fight against corruption
31 March 2015 Lee Kuan Yew is no more. He will be remembered by many for many reasons. Today corruption.net is looking at why he […]
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